[Sarasota, Florida, March 10, 2023] — The SiLLC Assembly (TSA), an independent investment assembly, has announced plans for a massive expansion of its crypto activities over the next 24 months. The assembly will also continue its current investments in various market segments and expand where necessary.
TSA is committed to staying at the forefront of the rapidly evolving crypto market, and its expansion plans reflect its determination to capitalize on the opportunities presented by this dynamic industry. With a proven track record in the investment sector, TSA is well-positioned to make a significant impact in the crypto space.
“We are thrilled to announce our plans for a massive expansion of our crypto activities over the next 24 months,” said Markus Schronen, Board Chair of TSA. “We see huge potential in the crypto market, and we are committed to leveraging our expertise and experience to deliver significant value to our assembly members.”
TSA’s expansion plans will focus on several key areas, including increased investment in promising crypto projects, and the acquisition of strategic assets in the crypto space.
In addition to its crypto activities, TSA will continue to invest in a range of market segments, including tech, ecommerce, and renewable energy. The company’s commitment to these segments is a reflection of its belief in the potential for innovation and growth in these areas.
“TSA is committed to staying ahead of the curve and identifying the most promising investment opportunities across a range of market segments,” said Schronen. “We are confident that our approach will deliver long-term value for our members and stakeholders.”
About The SiLLC Assembly
SiLLC is in the business of creating and managing a large and diverse network of companies in AR, blockchain, digital assets, eCommerce, internet, metaverse, Retrotech, technology, and VR worldwide. SiLLC continues to capitalize on the numerous opportunities presented by emerging new mediums. SiLLC focuses on constructing a network of companies in advertising/marketing, AR, blockchain, content and community, eCommerce, energy, metaverse, Retrotech, robotics, technology, VR, and enabling technologies. With deep and broad management expertise, a tightly targeted strategic focus, an unparalleled track record, and a unique and successful investment model that demands and drives growth, SiLLC can truly claim to be creating .net value.
Disclaimer All transactions are carried out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to provide general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions, and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relate to The SiLLC Assembly International.
Neptune Digital Assets Announces a Record Fiscal First Quarter with $13 Million in Comprehensive Income
Vancouver, British Columbia–(January 31, 2022) – Neptune Digital Assets Corp. (TSXV: NDA) (OTC Pink: NPPTF) (FSE: 1NW) (“Neptune” or the “Company“) is pleased to announce that it has released its November 30, 2021 quarterly consolidated financial statements and management, discussion and analysis for the three months ending November 30, 2021.
Below are a number of financial highlights pertaining to the first quarter ending November 30, 2021 and for the period subsequent to year end up to the date of this news release.
Neptune ended the quarter on November 30, 2021 with $67 million in assets and no debt. This equates to an increase of 23% in asset value over August 31, 2021 year end.
Neptune earned $1,707,046 through Bitcoin mining and other income-generating activities during the three-month period ending November 30, 2021.
Total expenses for the three-month period were $193,308 or $64,436 per month.
Subsequent to November 30, 2021 and up to the date of this release, Neptune earned an additional 35 Bitcoin, bringing the total Bitcoin balance to 160.
530 Bitcoin mining rigs, equating to 53 petahash, are expected to come online in the first calendar quarter of 2022 adding to the existing 22 petahash of capacity.
Neptune’s two largest digital asset holdings as of the date of this release are 160 BTC and 151,000 ATOM. The Company also holds positions in FTM, Tshare, DOT, DASH, Tomb, ETH, BCH, LTC, and a number of other tokens of immaterial values, as well as an investment in the Protocol Crypto Quant Fund valued at $8.2 million at the end of November and a current cash balance of $23.1 million for strategic acquisitions, Bitcoin mining rig purchases and operations.
“Neptune had an amazing first quarter with a $12.6 million increase in assets on our balance sheet and $13 million in comprehensive income,” stated Cale Moodie, Neptune CEO. “We hope to see the general crypto space grow as we move forward into 2022 and our Bitcoin mining, staking, and DeFi earnings to increase accordingly as we grow those arms of the business. We anticipate another 53 petahash of mining capacity to come online in Q2 thus growing our Bitcoin earnings. We are staying true to our diversified model and will continue to manage our risk while maximizing our earnings across the board.”
Certain information provided in this news release is extracted from audited financial statements and management, discussion and analysis for the first quarter ended November 30, 2021 that are filed under the Company’s profile on SEDAR and should be read in conjunction with them. It is only in the context of the information and disclosures contained therein that an investor can properly analyze this information.
Operating and Financial Overview
($CAD)
For the three months ended
November 30, 2021
November 30, 2020
Mining Revenue
293,794
–
Other income*
1,413,252
44,862
Total Earnings
1,707,046
44,862
Depreciation**
159,818
–
Stock based compensation**
184,214
10,416
General expenses (recovery)
(150,724)
105,008
Realized gain (loss) on settlements and sales
367,633
1,810
Revaluation of digital currencies***
6,111,989
459,439
Unrealized gain related to lending activities and short term investments
4,935,551
(143,877)
Comprehensive income for the period
12,928,911
246,810
Financial Position
($CAD)
As at
November 30, 2021
August 31, 2021
Cash and cash loans
27,269,572
154,803
Total digital assets
22,335,525
48,182,494
Total other assets
17,687,525
6,338,384
Total liabilities
272,899
769,083
Total shareholders equity
67,019,723
53,906,598
Working capital****
42,938,925
36,141,081
* All non-Bitcoin mining revenue generating activities
** Non-cash items
*** Revaluation is calculated as the change in value (gain or loss) on the coin inventory. When coins are sold, the net difference between the proceeds and the carrying value of the digital currency (including the revaluation), is recorded as a gain (loss) on the sale of digital currencies
**** Current assets less current liabilities
About Neptune Digital Assets Corp.
Neptune Digital Assets (TSXV: NDA) is one of the first publicly-traded blockchain companies in Canada and is a cryptocurrency and blockchain infrastructure leader with operations across the digital asset ecosystem including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other associated blockchain technologies.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This release contains certain “forward-looking statements” and certain “forward-looking information” as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans”, “proposes” or similar terminology. Forward-looking statements and information include, but are not limited to, Company’s operations and sustainable future profitability; potential further improvements to the profitability and efficiency across operations by optimizing cryptocurrency mining output, continuing to lower direct mining operations cost structure, and maximizing existing electrical and infrastructure capacity including with new mining equipment; continued adoption of cryptocurrency. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the inherent risks involved in the cryptocurrency and general securities markets; the Company’s ability to successfully mine digital currency; revenue of the Company may not increase as currently anticipated, or at all; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company’s operations; the volatility of digital currency prices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties. The Company does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
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Disclaimer All transaction are carrying out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relates to SiLLC Assembly International.
Voyager Digital Announces Record Quarterly Revenue with Growth of Over 65% from the Previous Quarter
CSE: VYGR OTCQB: VYGVF Borse Frankfurt: UCD2
– Fiscal 4Q Revenues Expected to be Between $103 and $107 Million – – Funded Accounts Grow 146% From the Previous Quarter to Over 665,000 – – Verified Users Grow 75% From the Previous Quarter to Over 1.75 Million –
NEW YORK, July 15, 2021 – Voyager Digital Ltd. (“Voyager” or the “Company”) (CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2), is pleased to provide stakeholders with a business update for the Fiscal 4Q ended June 30, 2021.
The Company has the following key metrics as of June 30, 2021:
Preliminary Fiscal 4Q Revenue expected to be between $103 and $107 million
Total Funded Accounts exceed 665,000, up 146% from the previous quarter end
Total Verified Users on the platform more than 1.75 million, up 75% from the previous quarter end
Basis points per-trade continue to exceed 100 basis points for the Fiscal 4Q
All figures are preliminary and unaudited and subject to final adjustment. All amounts are in U.S. dollars, unless otherwise indicated.
“Our June quarter reflects continued growth of our platform, with revenues up more than 65% from the March Quarter. Although we have seen a significant decrease in crypto market volume since mid-June we continue to see significant net new funded account growth, net asset inflows, and consistent basis points on spread revenues on our platform continue through today.” said Steve Ehrlich, CEO and Co-founder. “We continue to advance our marketing efforts and move forward on a host of important initiatives, including the launch of our Voyager Loyalty Program (VLP) program set to kick-off in September and Voyager’s payment processing capabilities.”
Additionally, pursuant to its previously announced Normal Course Issuer Bid Voyager repurchased 247,500 shares in the open market under the Company’s share buyback program and have since cancelled these shares and made the appropriate filings with the relevant regulatory bodies in Canada.
About Voyager Digital Ltd.
Voyager Digital Ltd. is a publicly traded holding company whose subsidiaries operate a crypto-asset platform that provides retail and institutional investors with a turnkey solution to trade crypto assets. The Voyager Platform provides its customers with competitive price execution through its smart order router and as well as a custody solution on a wide choice of popular crypto-assets. Voyager was founded by established Wall Street and Silicon Valley entrepreneurs who teamed to bring a better, more transparent, and cost-efficient alternative for trading crypto-assets to the marketplace. Please visit us at https://www.investvoyager.com for more information.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this press release.
Forward Looking Statements
Certain information in this press release, including, but not limited to, statements regarding future growth and performance of the business, momentum in the businesses, future adoption of digital assets, and the Company’s anticipated results may constitute forward looking information (collectively, forward-looking statements), which can be identified by the use of terms such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue” or “believe” (or the negatives) or other similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Voyager’s actual results, performance or achievements to be materially different from any of its future results, performance or achievements expressed or implied by forward-looking statements. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties, and assumptions, the future events and trends discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Forward looking statements are subject to the risk that the global economy, industry, or the Company’s businesses and investments do not perform as anticipated, that revenue or expenses estimates may not be met or may be materially less or more than those anticipated, that trading momentum does not continue or the demand for trading solutions declines, customer acquisition does not increase as planned, product and international expansion do not occur as planned, risks of compliance with laws and regulations that currently apply or become applicable to the business and those other risks contained in the Company’s public filings, including in its Management Discussion and Analysis and its Annual Information Form (AIF). Factors that could cause actual results of the Company and its businesses to differ materially from those described in such forward-looking statements include, but are not limited to, a decline in the digital asset market or general economic conditions; changes in laws or approaches to regulation, the failure or delay in the adoption of digital assets and the blockchain ecosystem by institutions; changes in the volatility of crypto currency, changes in demand for Bitcoin and Ethereum, changes in the status or classification of cryptocurrency assets, cybersecurity breaches, a delay or failure in developing infrastructure for the trading businesses or achieving mandates and gaining traction; failure to grow assets under management, an adverse development with respect to an issuer or party to the transaction or failure to obtain a required regulatory approval. In connection with the forward-looking statements contained in this press release, the Company has made assumptions that no significant events occur outside of the Company’s normal course of business and that current trends in respect of digital assets continue. Readers are cautioned that Assets Under Management and trading volumes fluctuate and may increase and decrease from time to time and that such fluctuations are beyond the Company’s control. Forward-looking statements, past and present performance and trends are not guarantees of future performance, accordingly, you should not put undue reliance on forward-looking statements, current or past performance, or current or past trends. Information identifying assumptions, risks, and uncertainties relating to the Company are contained in its filings with the Canadian securities regulators available atwww.sedar.com. The forward-looking statements in this press release are applicable only as of the date of this release or as of the date specified in the relevant forward-looking statement and the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after that date or to reflect the occurrence of unanticipated events. The Company assumes no obligation to provide operational updates, except as required by law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements, unless required by law. Readers are cautioned that past performance is not indicative of future performance and current trends in the business and demand for digital assets may not continue and readers should not put undue reliance on past performance and current trends. All figures are in U.S. dollars unless otherwise noted.
SOURCE Voyager Digital (Canada) Ltd.
For further information: Voyager Digital Ltd. Contacts: Michael Legg, Chief Communications Officer, (212) 547-8807, ; Stephanie Chen, (917) 727-4802, ; Kevin Rodriguez, (201) 785-7149,
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Disclaimer All transaction are carrying out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relates to SiLLC Assembly International.
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